Trump picks Ohio Sen. JD Vance for vice president

[LMAO]

Yes we shall see.  So far, as I continue to read about JD I am not impressed with him in the least. Sigh.

Well, he seems to be a smart guy with an impressive résumé and a good family. There’s no accusations of corruption or controversy in his life.

But he is shockingly left-wing for somebody who is a Republican. I didn’t realize how much to the left he is. I don’t think even Donald Trump has supported raising the minimum wage and Trump, to his credit, did at least try to repeal Obamacare

[kevindavis007]

Called it

https://reason.com/2024/06/14/j-d-vances-incoherent-argument-for-higher-minimum-wages/


And. 

https://www.politico.com/news/magazine/2024/07/16/the-trump-vance-ticket-is-a-repudiation-of-free-market-conservatism-00168578#:~:text=Few%20Republicans%20have%20been%20more,aggressive%20antitrust%20chief%2C%20Lina%20Khan.

Few Republicans have been more vocally critical of the party's modern economic conventions than Vance, who has embraced not just tariffs, but also policies like a higher minimum wage


Watch how quickly MAGA’s  start supporting minimum wage hikes

@kevindavis007

@LMAO


I'm shocked.. They would support Universal healthcare if Trump supports it.

[Hoodat]

Youngkin would be good, but I suspect they saw Vance as more appealing to younger voters (millennials, or whatever Vance's generation are called).

Vance kisses Trump's ass while Younkin does not.  That's all that mattered here.

[kevindavis007]

https://twitter.com/reason/status/1813271282823094647

[libertybele]

So a bit of positive news about JD (per @rangerrebew article in a different thread)

Vance last year introduced the “Drive American Act,” S. 2962, which would repeal the federal tax credit for electric vehicles and instead offer tax credits for U.S.-made vehicles powered only by gasoline or diesel.

[Polly Ticks]

Does he barely get to be called Gen X?  Or barely what we used to call Gen Y?

Millennial, apparently.   

[mystery-ak]

Fact Check: Democrats Try to Smear J.D. Vance as Antisemitic, Anti-Israel

The fact that Democrats have to stoop to gross distortions and outright lies to cast Vance in a way designed to frighten Jewish voters away from voting Republican suggests they are rather desperate and have little material to work with.
https://www.breitbart.com/faith/2024/07/17/fact-check-democrats-try-to-smear-j-d-vance-as-antisemitic-anti-israel/

WATCH: J.D. Vance Advocates for Robust U.S. Support of Israel in Line with America First Policy

Ohio Sen. J.D. Vance, who was selected as former President Donald Trump’s running mate on Monday, underscored the importance of U.S. support for Israel within his America First foreign policy framework, highlighting its moral, religious, and strategic basis, while critiquing decades of U.S. foreign policy.

https://www.breitbart.com/politics/2024/07/16/watch-j-d-vance-advocates-for-robust-u-s-support-of-israel-in-line-with-america-first-policy/

[libertybele]

WATCH: J.D. Vance Advocates for Robust U.S. Support of Israel in Line with America First Policy

Ohio Sen. J.D. Vance, who was selected as former President Donald Trump’s running mate on Monday, underscored the importance of U.S. support for Israel within his America First foreign policy framework, highlighting its moral, religious, and strategic basis, while critiquing decades of U.S. foreign policy.

https://www.breitbart.com/politics/2024/07/16/watch-j-d-vance-advocates-for-robust-u-s-support-of-israel-in-line-with-america-first-policy/

 

[LMAO]

The interview above (Reason) of JD Vance is economic death.

They don’t care

This election is nothing more than which side will be able to shake their butts at the other on election night

Seizing assets of nonprofits that he disagrees  with

Restrictive and protective trade barriers


Increase in the minimum wage


Align more with the Bernie Bros

Keeping Obamacare

Government intervention in the economy


“Make America Soviet”  should be the new slogan. These are the kind of positions you expect to come from the Democrat Party and “the squad” in particular


We could potentially see the largest expansion of government since the 1930’s

[bilo]

You have a valid point but I am not so sure he's going to be a deal breaker for Trump's re-election. Certainly  not enough for people to vote for Biden.

Yes we shall see.  So far, as I continue to read about JD I am not impressed with him in the least. Sigh.

Don't buy into the TDS spilling over onto the VP pick.

JD is a great VP pick. He is smart, can deal with the media and is a good debater. He is what we want to see in this country, a man who rose to prominence even though everything was stacked against him. I think it's a very good thing to have someone in the POTUS inner circle who has lived in the bottom 20% of the country. The establishment loyalists can't help themselves. They want candidates who will embrace classroom theories that guarantee losing but give them the "high ground".

I want a team that wins and can actually make some changes. The road we've been going down only leads to our collapse.

[LMAO]

Don't buy into the TDS spilling over onto the VP pick.

I haven’t seen any of that here. Claiming that people who are critical of his economic and fiscal policies as having TDS is cowardly

Those of us who are highly critical of him have  done so with his own words and his record

Government intervention in the economy does not bring prosperity. That’s part of the reason why the Great Depression lasted as long as it did


Again, it’s free market economies that bring  prosperity and create wealth. Command and control economies do the opposite

And the negative effects of increasing  the minimum wage isn’t “classroom theories.” We see the real life effects of doing such. Iceland, Sweden, Denmark, and Norway don’t even have a federally mandated minimum wage. At one time, Republicans oppose the minimum wage not because they were mean, but because of the economic ramifications of doing such.

[libertybele]

I haven’t seen any of that here. Claiming that people who are critical of his economic and fiscal policies as having TDS is cowardly

Those of us who are highly critical of him have  done so with his own words and his record

Government intervention in the economy does not bring prosperity. That’s part of the reason why the Great Depression lasted as long as it did


Again, it’s free market economies that bring  prosperity and create wealth. Command and control economies do the opposite

And the negative effects of increasing  the minimum wage isn’t “classroom theories.” We see the real life effects of doing such

I definitely agree with you on this.

[LMAO]

The Republican Party has gone from the TParty to embracing Democratic Socialism in just under 20 years

[cato potatoe]

JD is a great VP pick. He is smart, can deal with the media and is a good debater. He is what we want to see in this country, a man who rose to prominence even though everything was stacked against him. I think it's a very good thing to have someone in the POTUS inner circle who has lived in the bottom 20% of the country. The establishment loyalists can't help themselves. They want candidates who will embrace classroom theories that guarantee losing but give them the "high ground".

Vance did well in his debates with Tim Ryan, and he is a thoughtful person capable of defending unusual positions.  What is worrisome is GOP's abandonment of sound fiscal policy while a debt crisis lurks in the background.  Trump escaped the blame for heavy inflation because Biden won the election, but his luck is going to run out eventually.  I just don't see JD Vance steering him in the right direction.

[mountaineer]

A whole lotta hyperbole goin' on ...

[Right_in_Virginia]

Dan Scavino
@DanScavino

President Donald J. Trump and Vice Presidential Nominee, Senator JD Vance to Hold a Rally in Grand Rapids, Michigan this Saturday, July 20th—at 5:00pmE!

2:39 PM · Jul 16, 2024

[LMAO]

A whole lotta hyperbole goin' on ...

Perhaps some

But there’s no question that JD Vance is not a limited government, free market, kind of guy

He may not be exactly the same as an Elizabeth Warren or a Bernie Sanders. But he isn’t that far away from them, either

But there’s no doubt that we are going to see a significant expansion of government regardless who wins this November. And we’re also going to see more government intervention and involvement in the economy

[LMAO]

Vance did well in his debates with Tim Ryan, and he is a thoughtful person capable of defending unusual positions.  What is worrisome is GOP's abandonment of sound fiscal policy while a debt crisis lurks in the background.  Trump escaped the blame for heavy inflation because Biden won the election, but his luck is going to run out eventually.  I just don't see JD Vance steering him in the right direction.

If everything remains as it does today with inflation, the economy, and the stock market in Nov and Biden loses,  and let’s say for example, the negative effects from Trump’s new round of tariffs are greater than they were when he was president the first time, or inflation spikes again under his watch, his supporters are going to have a real tough time blaming the Biden administration.


The Democrats will use that against him. That’s what they did with George Bush in 2008 and Donald Trump in 2020. It would be impossible for a Republican to get elected in 2028

Over the years as I’ve watched different countries liberalize their economies one of the first things they do is lift trade restrictions. Economies that have much tighter restrictions on trade are not as prosperous as those with free trade.

[roamer_1]

The Republican Party has gone from the TParty to embracing Democratic Socialism in just under 20 years

It_is_SHOCKING.

[bilo]

Vance did well in his debates with Tim Ryan, and he is a thoughtful person capable of defending unusual positions.  What is worrisome is GOP's abandonment of sound fiscal policy while a debt crisis lurks in the background.  Trump escaped the blame for heavy inflation because Biden won the election, but his luck is going to run out eventually.  I just don't see JD Vance steering him in the right direction.

I do have a lot of confidence in both Trump and Vance when we discuss economic policy. They both have real life experience and are very intelligent.

The debt problem is a big concern, but first they have to get elected so not going into details on it doesn't bother me. One suggestion I heard about the debt falls in line with raising tariffs and expanding energy production. The idea I heard was open ANWAR and place a royalty on every barrel produce with the stipulation that the monies can only be used to pay down the debt, not the interest but only the principal. I think it's an interesting solution.

[Hoodat]

I want a team that wins and can actually make some changes. The road we've been going down only leads to our collapse.

I want a team that recognizes the number one threat America faces today and is willing to address it.  There is one issue that stands out above all others - an issue that is the direct or indirect cause of all others.  If this one issue is addressed, dozens upon dozens of other issues go away, including Russia, Iran, inflation, illegal immigration, education costs, health care costs, etc.  Unfortunately, it is an issue that both Trump and Vance are not willing to tackle.

[Hoodat]

I do have a lot of confidence in both Trump and Vance when we discuss economic policy. They both have real life experience and are very intelligent.

So they both understand that printing up $2 trillion in new money each year just to fund government is an extremely detrimental economic policy?

[roamer_1]

I do have a lot of confidence in both Trump and Vance when we discuss economic policy. They both have real life experience and are very intelligent.

Magical thinking. The guy is on the record already spending more money than any other administration in history - And that by a huge margin. More than Democrats.

I will bet he will spend significantly more this time. And you (y'all) will vote for MORE.
Because principles - Real and abiding true things have been utterly cast in the street and trampled underfoot.

But that's alright. The bill will come due. It always does.

[jmyrlefuller]

Does he barely get to be called Gen X?  Or barely what we used to call Gen Y?

He's a hair older than me, so that would be the "Xennials," those born from 80-85.

I'm of the persuasion that the millennials start at 1986, since that means they came out of college right as the recession hit, fundamentally altering their life path forever.

[LMAO]

The debt problem is a big concern, but first they have to get elected so not going into details on it doesn't bother me. One suggestion I heard about the debt falls in line with raising tariffs and expanding energy production. The idea I heard was open ANWAR and place a royalty on every barrel produce with the stipulation that the monies can only be used to pay down the debt, not the interest but only the principal. I think it's an interesting solution.

If that’s the Trump/Vance solution for the debt, then we’re screwed.

For one oil prices are volatile. And a cost more to drill up in the Arctic. And  you can’t pay down the debt with tariffs because The last time Trump enacted tariffs we had to bail out  the farmers


Name one benefit to the economy the first time  Trump enacted his trade policy. How did Trump’s tariffs from the last time benefit American businesses and American consumers? I will  give you the answer…. it didn’t. In fact, it ended up costing the economy

 The definition of insanity is doing the same thing over again and expecting different results

But let’s say we drilled in Anwar and every oil company ran up there  ready to drill  oil and didn’t care how much it cost.

I have seen  for everything up to including royalties, federal and state tax as high as $400 billion. We have a $34 trillion deficit. That’s not even a drop in the bucket

[LMAO]

So they both understand that printing up $2 trillion in new money each year just to fund government is an extremely detrimental economic policy?

Trump believes in modern monetary theory

JD Vance is open to raising taxes on corporations, which of course gets passed on to consumers

MAGA and the left seem to both believe that raising taxes automatically translates into raised


revenue.

[Kamaji]

Trump believes in modern monetary theory

JD Vance is open to raising taxes on corporations, which of course gets passed on to consumers

MAGA and the left seem to both believe that raising taxes automatically translates into raised


revenue.

At this point, at least based on Laffer curve theory, raising the rate will raise revenues; the rates are not now high enough for a rate increase to lead to lower revenues.

[mountaineer]

Tulsi Gabbard responds to Kamalamadingdong's allegation Vance will not be loyal to "our country."

https://twitter.com/TulsiGabbard/status/1813939154150969570

[DB]

At this point, at least based on Laffer curve theory, raising the rate will raise revenues; the rates are not now high enough for a rate increase to lead to lower revenues.

You need to include all taxes, not just direct income taxes. It is the sum of tax load that matters. Most people pay at least 30% of their income in taxes, many of which are buried in things unseen. Sales tax, property tax, electricity tax, water tax, waste tax, gas tax, internet provider tax, cell service tax, payroll tax, etc... The list goes on and on...

[Timber Rattler]

Tulsi Gabbard responds to Kamalamadingdong's allegation Vance will not be loyal to "our country."

https://twitter.com/TulsiGabbard/status/1813939154150969570

Tulsi wants to be Trump's SECDEF.

[Maj. Bill Martin]

That's because JD Vance loves Democrat economic policies.

Exactly.

[Maj. Bill Martin]

Tulsi wants to be Trump's SECDEF.

Make her Secretary of Veteran's Affairs.

[Bigun]

You need to include all taxes, not just direct income taxes. It is the sum of tax load that matters. Most people pay at least 30% of their income in taxes, many of which are buried in things unseen. Sales tax, property tax, electricity tax, water tax, waste tax, gas tax, internet provider tax, cell service tax, payroll tax, etc... The list goes on and on...

@DB there is not a person in this country today who can tell you how much they pay in taxes largely due to the Marxist income tax and, in particular, the Corporate Income Tax which is imbedded in everything produced, bought, or sold in this country. And that is true whether or not a particular corporation has any actual tax liability. Compliance costs are also a tax that gets imbedded and passed on to consumers in the form of higher prices, lower wages for workers, or lower ROI for investors. There is literally no place else they can go.

[kevindavis007]

It's true


https://twitter.com/ThomasDHowes/status/1814003755265966566?t=586047ON0roHcpw_t3Ooug&s=19

[LMAO]

It's true


https://twitter.com/ThomasDHowes/status/1814003755265966566?t=586047ON0roHcpw_t3Ooug&s=19

This would be a laughing stock here if it came from a Democrat

[DB]

@DB there is not a person in this country today who can tell you how much they pay in taxes largely due to the Marxist income tax and, in particular, the Corporate Income Tax which is imbedded in everything produced, bought, or sold in this country. And that is true whether or not a particular corporation has any actual tax liability. Compliance costs are also a tax that gets imbedded and passed on to consumers in the form of higher prices, lower wages for workers, or lower ROI for investors. There is literally no place else they can go.

Won't get any argument from me... The social engineers in government are bent on using taxes to shape the public they're supposed to serve. There's no end to it. Mountains of make work that produces nothing but more government "jobs". In short it is simply insane and entirely self-destructive. But those in power refuse to surrender that power on both sides of the isle.

[Bigun]

Won't get any argument from me... The social engineers in government are bent on using taxes to shape the public they're supposed to serve. There's no end to it. Mountains of make work that produces nothing but more government "jobs". In short it is simply insane and entirely self-destructive. But those in power refuse to surrender that power on both sides of the isle.

Quite correct! Government bureaucrats salaries are largely determined by how many people they supervise. Need I say more?

[Hoodat]

At this point, at least based on Laffer curve theory, raising the rate will raise revenues; the rates are not now high enough for a rate increase to lead to lower revenues.

That depends on where the point of elasticity is relative to how much the economy can grow.  The flaw with this discussion though is what is being advocated.  What is more important?  Funding government?  Or growing the economy.  Personally, I don't give a damn with whether lowering taxes will raise more revenue.  I care whether lowering taxes will free up the ability for our economy to grow.

The government doesn't need more money.  The government needs to reduce spending.  A lot.  And cutting government spending will do far more to grow our economy than will any revenue-increasing tax cut.  Right now, our government is printing up new money (to fund itself) faster than our economy is growing.  Which means we are going backwards.  Balance the budget first.  Then we can talk about taxes.

[kevindavis007]

I hate the new GOP:




https://x.com/MariaPeiro305/status/1813806379108286951?t=Ak8vfOyMEvdIP4qhPtKBLQ&s=19

[Maj. Bill Martin]

I hate the new GOP:




https://x.com/MariaPeiro305/status/1813806379108286951?t=Ak8vfOyMEvdIP4qhPtKBLQ&s=19

The populist, like the Democrats, believe it is the job of the government to take care of people.

I live in the Rust Belt.  The problem is that the wonderful days of booming steel, etc., production and "good jobs" were based off wages and benefits that were not sustainable given advances in technology and efficiency.  Fewer people were needed to make the product but the unions fought against reductions in wages, benefits, or number of workers.

That was unsustainable, and those who think anyone can bring it back are dreaming.

[IsailedawayfromFR]

The government doesn't need more money.  The government needs to reduce spending.  A lot.  And cutting government spending will do far more to grow our economy than will any revenue-increasing tax cut.  Right now, our government is printing up new money (to fund itself) faster than our economy is growing.  Which means we are going backwards.  Balance the budget first.  Then we can talk about taxes.

This bears repeating again and again.

[LMAO]

The populist, like the Democrats, believe it is the job of the government to take care of people.

I live in the Rust Belt.  The problem is that the wonderful days of booming steel, etc., production and "good jobs" were based off wages and benefits that were not sustainable given advances in technology and efficiency.  Fewer people were needed to make the product but the unions fought against reductions in wages, benefits, or number of workers.

That was unsustainable, and those who think anyone can bring it back are dreaming.

The populist believe that they’re going to bring those back those jobs through government intervention and tariffs. All the tariffs did was start a war that may have benefited the steel industry, but punished everybody else downwind from that.

And let’s say Trump and JD Vance decide that they’re going create manufacturing jobs artificially through government policy. You would end up with  programs that cost more to implement than the benefit they provide.

Remember when Donald Trump bragged about keeping those Thousand jobs at the Carrier Furnace Plant in Indiana?  Well….

Workers quickly learned the deal would only save some of their jobs, despite $7 million in state tax credits and training grants incoming Vice President Mike Pence had arranged as one of his final acts as Indiana governor. More than 600 people would still be laid off.

The limits of Trump's influence over manufacturing jobs has only been reinforced since then. Despite Trump's lofty promises, companies have continued to send jobs overseas.

In Indiana alone, more than 20 manufacturers have moved production to foreign countries since Trump took office, resulting in at least 3,000 job losses, according to trade adjustment assistance filings with the labor department. That's about four times as many jobs as Trump saved at Carrier.

And while the president has kept pledges to reduce regulations, cut corporate taxes and renegotiate trade agreements, those steps have not resulted in the manufacturing resurgence he promised.



https://www.indystar.com/story/news/politics/2020/10/30/trump-campaigned-saving-jobs-carrier-what-its-like-there-now/6010437002/



I think about the speech to shareholders from Gregory  Peck and Danny DeVito in the movie “Other People’s Money” whenever  these economic issues come up


We’re just going to have to buckle down for the next four years. I would not put it past Trump to attempt some form of nationalization if he gets desperate enough. You can’t defeat the law of  economics

[LMAO]

This bears repeating again and again.

And again and again and again and again and again and again and again and again and again and again and again

[Bigun]

And again and again and again and again and again and again and again and again and again and again and again

I agree! Where are we most likely to get that result? Is it the Democrat (read Communist) Party? I think not!

[bilo]

That depends on where the point of elasticity is relative to how much the economy can grow.  The flaw with this discussion though is what is being advocated.  What is more important?  Funding government?  Or growing the economy.  Personally, I don't give a damn with whether lowering taxes will raise more revenue.  I care whether lowering taxes will free up the ability for our economy to grow.

The government doesn't need more money.  The government needs to reduce spending.  A lot.  And cutting government spending will do far more to grow our economy than will any revenue-increasing tax cut.  Right now, our government is printing up new money (to fund itself) faster than our economy is growing.  Which means we are going backwards.  Balance the budget first.  Then we can talk about taxes.

When was the last time a Pub became the POTUS saying "I'm going to cut off your benefits and raise your taxes".

If you want real change you first have to get elected. 

[kevindavis007]

When was the last time a Pub became the POTUS saying "I'm going to cut off your benefits and raise your taxes".

If you want real change you first have to get elected.

Name me one time that he vetoed a bill sent to his desk by Nancy Pelosi.


Trump failed the first time, what makes you think he will succeed the second time?

[bilo]

Name me one time that he vetoed a bill sent to his desk by Nancy Pelosi.


Trump failed the first time, what makes you think he will succeed the second time?

Just watching the change in the man and his selection of JD Vance gives me confidence that he will do a better job keeping the Establishment Loyalists outside his inner circle.

I also love the thinking on tariffs. We are seeing an end to the globalist dominance in our govt. The bottom two economic quintiles have been crushed under that approach to governance. Our focus should be one America First and then look at our relationship with our neighbors to the north and south. 

[LMAO]

Just watching the change in the man and his selection of JD Vance gives me confidence that he will do a better job keeping the Establishment Loyalists outside his inner circle.

I also love the thinking on tariffs. We are seeing an end to the globalist dominance in our govt. The bottom two economic quintiles have been crushed under that approach to governance. Our focus should be one America First and then look at our relationship with our neighbors to the north and south.

So an even larger trade war than he sparked in his first term will be better?


This is how leftist’s  think. A bigger failure will bring better results


Can you name one overall benefit to the economy that his first round of tariffs and trade war brought? I don’t mean what you think should happen or what you hope will happen. I mean what really happened. 

Here’s what happened

The U.S. economy lost $7.8 billion
in the last year alone as a result
of the trade war.
 Imports have fallen 31.5 percent
in response to the tariffs imposed
by the Trump Administration, and
exports have fallen 11.0 percent
as a result of retaliatory tariffs
imposed by trade partners.
 The costs of tariffs are paid
entirely by U.S. consumers,
not by foreign sellers lowering
their prices.
The research suggests electoral
motivations may have informed
the design of tariff implemen-
tation, providing evidence that
the tariffs were biased towards
sectors concentrated in elector-
ally competitive counties with a
40-60 percent GOP vote share
in the 2016 election.
Heavily Republican counties have
been hardest hit by the trade war
because retaliations by trade
partners disproportionately
targeted agricultural sectors.

https://business.columbia.edu/sites/default/files-efs/imce-uploads/Chazen/chazen-research-brief-Real-Cost-of-Trump-Trade-War-030719_v3.pdf


Policies should be judged by results, not intentions


And when the cost of Trump’s trade war started negatively affecting the economy around mid 2019, Trump blamed everybody for their failure up to even blaming American companies

[Bigun]

https://twitter.com/DC_Draino/status/1814272524571603341

[LMAO]

I hate the new GOP:




https://x.com/MariaPeiro305/status/1813806379108286951?t=Ak8vfOyMEvdIP4qhPtKBLQ&s=19

I don’t want anyone to think that I am of the belief that the GOP embraced free market and sound fiscal and economic policy the last 20 years. They’ve been trending away from both. The “too big to fail” was what the final straw. So it wasn’t like the GOP was doing a stand up job until Trump came along. It would be nice to see the GOP starting to trend  in the right direction, but I guess we’ll have to wait for that, if ever

Trump and Vance are the finale of a downward trend in the GOP. Not the cause. It’s like having chest pains for years until one day you get a full cardiac arrest.

One thing for sure. The new GOP has lost the moral high ground in criticism of Gavin Newsome on economic and fiscal matters